NYSE:TPCConstruction
Tutor Perini (TPC) Following Its Debt Refinance, Is The Stock Still Undervalued
Why Tutor Perini’s New Debt Issue Matters for Stockholders
Tutor Perini (TPC) recently priced and completed a private offering of $400 million in 6.625% senior unsecured notes due 2033, a refinancing move that replaces higher coupon 11.875% notes maturing in 2029.
See our latest analysis for Tutor Perini.
The refinancing news lands at a time when Tutor Perini’s share price has a 7 day return of 4.58% and a 30 day share price return of 9.23%. The 1 year total shareholder return is 78.17%, and...